The cost of US $ 49.29 million, for which Dubai’s developer Omnyiat is willing to sell an eight bedroom apartment in its the One residential complex on the Palm Jumeirah, makes this apartment the most expensive real estate property of its kind in Dubai.
Omniyat decided to make this phenomenal offer to potential Dubai’s super-premium property buyers on the eve of the official presentation of additional exclusive property in the One, Anantara Residences and THE DUKES Oceana complexes at Cityscape Global in September.
According to the official unit’s description presented by Omnyiat, the most expensive apartment in Dubai, with a total area of 42,477.58 square feet, includes 8 bedrooms and seven bathrooms. The living area of the penthouse is 25,836.59 square feet, with another 16,640.99 square feet occupied by a private balcony with panoramic views of the sea and Dubai Marina skyline. The apartment’s ownership also includes an opportunity to place 12 cars in parking spaces reserved for the apartment’s owner.
In addition to the facilities within the exclusive property, the owners of the most expensive apartments in Dubai will also benefit from many advantages available only to residents of the One, such as indoor and outdoor pools, a super-luxury spa, a cinema and a yacht club.
The One residential and hotel luxury complex, which is developed on the Palm Jumeirah Island by Omnyiat in partnership with Drake & Scull International, will consist of 90 luxury apartments situated on 25 floors. The tower’s completion is planned for 2017.
Previously, an apartment in the world’s tallest tower Burj Khalifa, sold in 2014 for US $ 16.34 million was considered the most expensive apartment in Dubai, while a five-story penthouse in the Odeon Tower in Monaco worth US $ 400 million is known to be the most expensive apartment in the world.